Northwood: A Unique Business Opportunity: 3 Franchises-in-One
Northwood offers three franchises in one. This coupled with the distinct advantage it has over its competitors with its Platinum lettings service, unlimited income potential and sensible working hours, has made the NORTHWOOD franchise opportunity unique.
Northwood's turn-key, office-based franchise opportunity is your portal into UK lettings and estate agency with one of the fastest growing and most profitable franchises in the sector.
With an established national network of 27 offices, Northwood's comprehensive screening programme ensures that only the highest calibre people with the attributes and determination to be successful are considered to become franchisees. By adopting this philosophy, the long term growth, stability and profitably of the company as a whole is ensured.
As a turn-key franchise, 55 per cent of the initial investment (£39,500 plus VAT) is used to equip the office with desks, chairs, signs, computers, printers, software, etc.,enabling the franchisee to focus on the comprehensive six week training programme and benefit from the professional Northwood image from day one.
Additional money will be required for working capital and finance is available through major clearing banks subject to status.
By becoming a franchisee you will be able to offer Northwood's unique Platinum Service to customers, enabling you to have an edge over the competition and become the leading agent in your territory.
Debra and Steve Swann, Stoke-on-Trent
Only a few weeks following the launch of their Northwood franchise, Debra and Steve Swann report a flourishing business that's exceeding expectations.
'Northwood's professionalism, support package, and the openness of existing franchisees shone through for us. The support team have gone beyond the call of duty to support us and have been with us every step of the way, from the smallest query requiring a simple reassuring answer, to the more technical and legal side of things where we would have been out of our depth.
'The launch of our business was superb and we are far ahead of where we planned to be, with double the amount of properties to let and sell on our books. We estimate gross profit in year 1 to be in the region of £125,000.
'Over the next year we are looking to increase our portfolio of properties while maintaining our level of service, increasing our staff levels to retain the professionalism currently offered. We aim to be opening our second office during year 4.
'This business puts a smile on our faces; we couldn't be happier.'
I liked it so much I bought the company!
Stuart Calvert, who started his career with Northwood some three years ago as a negotiator, worked his way up to the position of Branch Manager in Northwood's company owned office.
Stuart, who had a background in recruitment, joined Northwood as he was fed up with having to compete with every other recruitment agency on price and the level of service the company he worked for claimed they had. He realised that to have a product that nobody else had would make the business unique and therefore easier to sell.
Northwood had such a product with the Platinum Guaranteed Rental Income Scheme. Stuart, realising the success of the product but more importantly its profitability, decided to invest in the business himself and has just purchased the Southampton franchise. Stuart plans to have a personal income in excess of £150k p.a. within 12 months.
£40,000 per month after two years!
Graham Holden opened his Northwood franchise in Edinburgh in August 2003 and by January 2006 his monthly earnings had risen to in excess of £40k per month. Graham attributes his success and current profit margins of 33.4% to the unique Platinum Scheme, which in his opinion sets Northwood leagues ahead of its competitors. Graham is expecting an income in his third financial year of close to £550k. With his tremendous success to date and an expanding property and rental market, he says: "The medium term outlook looks very bright indeed."